UNITED BIBLE SOCIETIES ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of USD 1.2 million for the year, with unrestricted funds decreasing to USD 20.9 million. The trustees consider the risk to the charity's ability to continue as a going concern to be low, citing strong liquidity and sufficient free reserves to mitigate financial risks. The charity relies heavily on funding from member Bible Societies through the Global Stewardship Fund and the International Support Programme.
What the accounts disclose
“USD 180,000 – USD 189,999” — page 33
“The trustees consider that free reserves should be within the range of USD 6.5 million and 10.5 million.”
Corporate structure
- Registered company of the charity Companies House 02264875
Structured financials (annual return, FY ending 31/12/2024)
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £36.3m | £39.5m |
| 31/12/2023 | £40.3m | £40.1m |
| 31/12/2022 | £38.9m | £37.3m |
| 31/12/2021 | £31.0m | £30.3m |
| 31/12/2020 | £35.5m | £31.6m |
Common questions
Is UNITED BIBLE SOCIETIES ASSOCIATION financially healthy?
The accounts state that the charity reported a net deficit of USD 1.2 million for the year, with unrestricted funds decreasing to USD 20.9 million. The trustees consider the risk to the charity's ability to continue as a going concern to be low, citing strong liquidity and sufficient free reserves to mitigate financial risks. The charity relies heavily on funding from member Bible Societies through the Global Stewardship Fund and the International Support Programme. Its FY2024 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of UNITED BIBLE SOCIETIES ASSOCIATION earn?
Per its FY2024 accounts, the highest-paid employee was in the USD 180,000 - USD 189,999 band.
Who funds UNITED BIBLE SOCIETIES ASSOCIATION?
Funders whose own accounts filings name UNITED BIBLE SOCIETIES ASSOCIATION as a grant recipient include THE BRITISH AND FOREIGN BIBLE SOCIETY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BRITISH AND FOREIGN BIBLE SOCIETY | FY2025 | £4.0m |